08:25am  ~  The main news for traders in the UK this morning is the unemployment rate which is inextricably linked by Mark Carney to the Bank Of England interest rate so traders in London will be standing in the wings for another 45 minutes to see what the numbers reveal. We also have a raft of other figures out at the same time – the complete list is here and includes the Monetary Policy Committee vote on interest rates.

Over in the U.S. there was a negative reaction to the disappointing results for Johnson & Johnson and Halliburton which led to a general decline in the US stocks yesterday. A continued growth in corporate earnings in the coming months is seen as crucial in maintaining investors’ optimism. The Dow Jones lost 73 points to close at 16,383, but the S&P500 faired slightly better and looks as though it is resuming an upward movement if you look at the daily chart.  Gold had a negative day yesterday but has hit the $1235 level again, so this may turn out to be a short term support level. Watch out for trading opportunities again if the price goes down there again today.

In 10 minutes I am off for a bracing rain-soaked cycle ride north along the beach path and when I get back I’ll be doing emails and some chart watching.

11:05am  ~  After an extremely wet experience I am now back indoors, showered and sitting here in the study doing emails and watch my small collection of charts. There’s nothing much happening at the moment but I will report back later

12:25pm  ~   There’s a possible ‘long’ trade setting up on my Brent Oil chart with one of the trendFX strategies, so I maybe in the market in a while.

13:00pm  ~  I am in that Brent Oil trade, the stop loss is 15 pips.

17:10pm  ~  My Brent Oil trade is still on and I’m now going to watch my S&P500 chart for any Trade With A Day Job set-ups.

19:40pm  ~  Out of one trade, in another……  I got into an S&P500 trade just before 7 o’clock and I’m out of the Brent Oil position (+83 pips)

20:10pm  ~  That’s me done for the evening, the S&P500 trade ended with the normal 20 pip profit.

Daily Target Reached ?  YES (+103 pips)